Neighborhood Profile

East Ithaca

Ithaca, NY | Tompkins County
Scored premium profile
Best Neighborhoods USA Index
71.5
National rank: #1,089 of 14,967
Stability and Strength
76.0
Score
Value Opportunity
78.2
Score
Momentum
55.0
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationIthaca, NY
CountyTompkins County
National rank#1,089 of 14,967
State rank#21 of 418
City rank#1 of 6
County rank#1 of 6
National percentile92.7
National bandTOP_10_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$395,737
Year-over-year home value change1.9%
Month-over-month home value change-0.09%
Home value to income ratio3.29
Median household income$120,129
Bachelor's degree or higher77.5%
Civilian unemployment rate1.5%
Homeownership rate73.7%
Housing vacancy rate13.9%
Rent burden 30% or higher39.5%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in East Ithaca

What is the Best Neighborhoods USA ranking for East Ithaca?

East Ithaca is ranked #1 of 6 eligible neighborhoods in Ithaca; #21 of 418 eligible neighborhoods in NY; and #1,089 of 14,967 eligible neighborhoods in the United States.

Is East Ithaca one of the best neighborhoods in Ithaca?

East Ithaca has a Best Neighborhoods USA Index of 71.5 and a city ranking of #1 of 6 eligible neighborhoods in Ithaca.

How much are homes worth in East Ithaca?

The current Zillow Home Value Index for East Ithaca is approximately $395,737.

Are home values rising or falling in East Ithaca?

Zillow neighborhood values changed 1.9% year over year and -0.09% month over month.

What is the Neighborhood Momentum Score for East Ithaca?

East Ithaca has a Neighborhood Momentum Score of 55.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in East Ithaca?

The NDS-derived neighborhood median household income is approximately $120,129.

How affordable is East Ithaca relative to household income?

The current Zillow home-value-to-household-income ratio is 3.29. Price-to-income affordability is a major Value Opportunity input.

Is East Ithaca primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 73.7%.

What is the unemployment rate in East Ithaca?

The NDS-derived civilian unemployment rate is approximately 1.5%.

How educated are residents of East Ithaca?

Approximately 77.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in East Ithaca face high rent burden?

Approximately 39.5% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score East Ithaca?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications17
Estimated originations14
Home-purchase applications12
Origination rate77.9%
Home-purchase share67.6%
Average application loan$233,592
Total application loan amount$4,053,998
National application rank#11,058 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 21.2% YoY; originations 32.1% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.